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Activity in Norfolk Post Brexit

As I write at the beginning of September, it is difficult to be sure about what is happening in the market although from our perspective here in our Norwich office, demand has not seemed to drop away particularly over the course of the last month we have seen activity throughout the price ranges in all sectors of the market.

 

The Norwich market in particular is busy throughout the price ranges, perhaps confirming that the scarcity factor is very relevant and the demand is high, particularly for homes within close proximity of the centre of the city.  Norwich is increasingly seen as one of the best kept secrets and more and more people are coming here, seeing the opportunity to live in a wonderful city with easy access to the coast and the Broads, etc and this is very relevant.

 

Out in Norfolk there is still demand, with cottages and farmhouses selling well and our Holt and King’s Lynn offices report strong demand for property, although realism is increasingly the key and we will see in September how the market continues to move forward.

 

The message from us really is that we lag behind in terms of values when compared with other parts of the country and as such we do not see any reason to believe that the market will drop and we are confident that our region will continue to move forward.

 

New homes is another area that has seen plenty of activity in the last few weeks and our development manager, Mason Burrell, reports strong demand for new homes, perhaps reflecting the fact that there is a dearth of property available at present.

 

 

As always, we are delighted to help people with their property requirements whether from our Norwich office or in North Norfolk at Holt or King’s Lynn.  We have been very busy this year helping people with houses from bottom to top and we look forward to helping people in the autumn of 2016 and beyond.